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Roman55 [17]
3 years ago
13

If a person invest $2000 dollars at 12% interest how long will it take to double? Can you please show work/ explanation Thanks!

Mathematics
1 answer:
Sladkaya [172]3 years ago
3 0

Answer:

6 years

Step-by-step explanation:

use the rule of 72

Y   =   72 / r   and   r   =   72 / Y

y equals years, and r equals rate

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